Guideline Value

Corporate

Guideline Value for J.R.K. Nagar

₹1000/sq.ft.

The guideline value for J.r.k. Nagar in Adhanoor village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Adhanoor

Village

Gooduvancheri

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹300 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on J.r.k. Nagar

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J.R.K. Nagar guideline value

The current guideline value of J.R.K. Nagar, located in Adhanoor village under the Gooduvancheri SRO, is Rs 1,000 per sq.ft. This value is effective from the 2024 revision, which will be implemented on 1 July 2024. The land classification for this area is Residential Special Type - I.

How the guideline value of J.R.K. Nagar has changed

The guideline value for J.R.K. Nagar has undergone several revisions over the years. Starting from the 2007 revision, the value was Rs 300 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in the 2012 revision, marking a rise of 233%. However, in the 2017 revision, the value decreased to Rs 670 per sq.ft, reflecting a decline of 33%. The 2023 revision retained the value at Rs 1,000 per sq.ft, and the upcoming 2024 revision will also maintain this figure, resulting in no change from the previous year.

It is important to note that there are no figures available for the revisions in 2002 and 2003 for this street. Overall, from the 2007 revision to the 2024 revision, there has been a substantial increase of 233% in the guideline value.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 670 to Rs 3,000 per sq.ft. The median value for these streets is Rs 1,000 per sq.ft, which is equal to the guideline value for J.R.K. Nagar.

Stamp duty and registration fee for property in J.R.K. Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, totaling Rs 90,000. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers J.R.K. Nagar?

The Sub Registrar Office that covers J.R.K. Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

To find your SRO, you can visit this link.

How the guideline value is used when you buy or sell in Adhanoor

The guideline value plays a crucial role during the registration process of property transactions in Adhanoor. It is used to determine the stamp duty and registration fees that must be paid, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property, the guideline value serves as a reference point to assess the fair value of the property. It is important for buyers and sellers to be aware of the current guideline value to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of J.R.K. Nagar?

The current guideline value of J.R.K. Nagar is Rs 1,000 per sq.ft, effective from the 2024 revision starting on 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, with the most recent being Rs 1,000 per sq.ft in both the 2023 and 2024 revisions. The value was Rs 670 per sq.ft in 2017, Rs 1,000 per sq.ft in 2012, and Rs 300 per sq.ft in 2007.

What is the median guideline value in Adhanoor?

The median guideline value in Adhanoor is Rs 1,000 per sq.ft. This figure represents the middle value among the 169 streets under the Gooduvancheri SRO for the 2024 revision.

What are the stamp duty and registration fees for property in J.R.K. Nagar?

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 and the registration fee would be Rs 20,000, totaling Rs 90,000. These fees are based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for J.R.K. Nagar?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find more information through the provided link.